photo
 

Renewable Energy Industry.com

logo renewable energy industry.com

Renewable Energy Industry.com

2011-08-26


Despite increased sales Biopetrol retracts a loss


 
Baar, Switzerland - Biopetrol Industires AG, the Switzerland-based producer of biodiesel and high quality pharmaceutical-grade glycerine, reported a net loss of EUR 15.8 million for the first half 2011 (first half of 2010: EUR 10.3 million) including one-off restructuring costs of approximately EUR 1.6 million.

Sales excluding energy tax increased by 230.6 % to EUR 315.5 million (first half of 2010: EUR 95.4 million) and EBIT was EUR -10.4 million (first half of 2010: EUR -4.8 million). “The BIOPETROL team has continued its focus on reducing the cost structure and improving operational efficiencies of the business. One of the consequences was incurrence of one-off restructuring costs.”, said Maarten Roelfs, Chief Executive Officer of Biopetrol.







back

 

Our Renewable Energy Industry Partners
Click logos for more information
company profile in english company profile in german
company profile in english company profile in german
company profile in german
company profile in english company profile in german
company profile in english company profile in german
© International Economic Platform for Renewable Energies/ IWR.de GmbH - All rights reserved.

 

International press service renewable energy industry
  • flog of UK
  • flag of Germany
Your e-Mail address


Your name (optional):
subscribe 
unsubscribe 
 
statistics
registered are:
  • 70 partners
  • 149 products